221/29-49 Varsity ParadeVarsity Lakes QLD 4227
Property Details for 221/29-49 Varsity Pde, Varsity Lakes
221/29-49 Varsity Pde, Varsity Lakes is a 2 bedroom, 2 bathroom House with 2 parking spaces and was built in 2013. The property has a land size of 99m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Last Listing description (December 2021)
Currently rented out until March 2022 in the Government NRAS program which equates to a return of $572 per week ($361 per week rent plus $11,000 per year subsidy from the government).
Spacious floor plan featuring two generous bedrooms, two bathrooms, open plan living and dining combination and gourmet kitchen. Quality finishes throughout including stone bench tops and stainless steel appliances. There is an outdoor patio ideal for entertaining.
Features
2 spacious bedrooms
2 bathrooms
2 car accommodation
open plan living and dining
gourmet kitchen
stainless steel appliances
stone bench tops
outdoor entertaining
air-conditioning
ceiling fans
pool
gym
Body Corp approx $72per week.
Rates and water approx $3000 per year
Rental appraisal $480 to $520 per week
Edgewater is a well maintained complex enjoying a prime location on the banks of Lake Orr with kilometres of walking and cycling tracks on your doorstep. Walking distance to both Varsity Primary and High Schools. Bond University is also within close proximity and some of the Gold Coast's best beaches are only minutes drive away. Inspections are highly recommended.
Property History for 221/29-49 Varsity Pde, Varsity Lakes, QLD 4227
- 14 Sep 2021Sold for $480,000
- 04 Sep 2021Listed for Sale Contact Agent
- 19 Mar 2021Listed for Rent $375 / week
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About Varsity Lakes 4227
The size of Varsity Lakes is approximately 5.9 square kilometres. It has 23 parks covering nearly 10.6% of total area. The population of Varsity Lakes in 2011 was 14,365 people. By 2016 the population was 15,000 showing a population growth of 4.4% in the area during that time. The predominant age group in Varsity Lakes is 20-29 years. Households in Varsity Lakes are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Varsity Lakes work in a professional occupation. In 2011, 51.9% of the homes in Varsity Lakes were owner-occupied compared with 51.3% in 2016.
Varsity Lakes has 8,041 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 83.43% increase in median value, while Units have seen a 78.54% increase. As at 31 October 2024:
- The median value for Houses in Varsity Lakes is $1,169,868 while the median value for Units is $779,938.
- Houses have a median rent of $850 while Units have a median rent of $750.
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